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i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely c
i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama...
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in the meantime, "mad money" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> funds are go going to go out of business, they're nuts. they know nothing! >> i always like to say there's a bull market somewhere. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. my job is not just to entertain, but to teach and to coach you. so call me at 1-800-743-cnbc. may 2013 be as good as 2012 for you in the stock market. that's what i found myself thinking all day, in spite of today's incredible action, best day in over a year of the. the dow soaring 108 points. the nasdaq rockets 3.07%, i feel like i'm surrounded by people who are already fretting about the next big bad thing. this time it's the debt ceiling fight. they're worried eem as it seems the market has a tremendous case of seller's remorse. they're scared. even as it seems those who fled the market year end are in their buying and buying the same stocks we sold. when we looked certain to plunge into the fiscal abyss. how else do you explain how we got the best fir
in the meantime, "mad money" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> funds are go going to go out of business, they're nuts. they know nothing! >> i always like to say there's a bull market somewhere. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. my job is not just to entertain, but to teach and to coach you. so call me at 1-800-743-cnbc. may 2013 be...
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let's go to bob in new jersey. >> caller: hi, jim. this is bob grunder from the storm-ravaged town of manasquan, new jersey. >> let's hope congress hears you. the guy was like listen i'm worried about waste. i'm worried about people's homes, i'm not talking about second homes, i'm talking about first homes, i think congress could address it, i sure hope so, governor christie, come on the show, repeat what you said, you're the man, go ahead. >> i have a reasonable position in gardner denver at 35 and eaton at 50. knowing that gardner denver is a takeover target and eaton at 56 seems a little rich, i would like to increase my position in one or the other. which one would you recommend and at what price for a long-term hold? >> all right. gardner denver we do, we don't know, it doesn't look like there's a deal, we don't speculate. the fundamentals just okay there. eaton, that sandy cutler has done a remarkable job. but i'm not a buyer of stocks after an up 3% move, when they pull back it's going to be eaton is the one that i like. the be
let's go to bob in new jersey. >> caller: hi, jim. this is bob grunder from the storm-ravaged town of manasquan, new jersey. >> let's hope congress hears you. the guy was like listen i'm worried about waste. i'm worried about people's homes, i'm not talking about second homes, i'm talking about first homes, i think congress could address it, i sure hope so, governor christie, come on the show, repeat what you said, you're the man, go ahead. >> i have a reasonable position in...
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then jared and jim will respond. i'm not thrilled with the deal, but next up i'll tell you why. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. [ female announcer ] today, jason is here to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a l
then jared and jim will respond. i'm not thrilled with the deal, but next up i'll tell you why. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a"...
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. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home. dividends are taxed low versus what we thought. capital gains going to stay in the game. not that bad. many incentives it stay in the stock market swrount otherwise and the stock mark set a great wealth creator. i think some things have been solved. i don't think it is as negative as some people have heard. >> we have had tough talk on show so far. lot of talk about debt. give us reason or reasons to be optimistic in this lucky 2013 year. >> okay, i believe there are tail winds that we came in with that are very strong. this housing situation remains strong. don't forget, i heard back and forth on sandy and whet
. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home....
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jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollars a year, so if other members of the world decide ton buy our bonds, i don't think the fed can buy all of them. >> okay. so if you look at what's been happening though, you would bet that this year would be the year that we stay steady again? or just keep listening to the fed to see what they say? >> i think expectations are, we are goin
jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't...
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we have jim o'neill. he's going to join us to talk about whether he is bullish for the start of 2013 and how much the fiscal cliff is playing into his outlook. >>> welcome back to "squawk box" this morning. take a look at futures for the day, the s&p is up a little over 7 points as we await to see what happens with the fiscal cliff. >> it is the last trading day of the year. how will the global marketses react to our domestic drama? calling in right now on the squawk news line is jim o'neill. it's great to be speaking with you this morning. i know we made it through the mayan apocalypse, but will we make it three through the fiscal cliff, as well? >> gosh, i don't know. i keep exchanging my mind about this every day in the past week. what is quite encouraging in a way is that other markets around the world, other important mark particular are trading so much of their own issues that the disappointment in the u.s. has not affected them at all. and while europe has given a bit back, it's barely noticeable.
we have jim o'neill. he's going to join us to talk about whether he is bullish for the start of 2013 and how much the fiscal cliff is playing into his outlook. >>> welcome back to "squawk box" this morning. take a look at futures for the day, the s&p is up a little over 7 points as we await to see what happens with the fiscal cliff. >> it is the last trading day of the year. how will the global marketses react to our domestic drama? calling in right now on the...
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jim cantore in mobile, alabama. twisters hit yesterday, quite a few, i think, right, jim? >> reporter: yeah. the storm prediction center says 34, our severe weather expert who tracks tornadoes and sees which are duplicated says 19. which for whatever it's worth is a record day for tornadoes on christmas. the previous record was 1969 with 12 tornadoes. guys, here's the deal. now we have tornado season in the middle of winter. and that seems to be what happens nowadays. you see behind me this church was pretty heavily damaged. look at the roof. two sections ripped off. then dropped below. and given the fact that this debris was just dropped off down here, i'm going to probably estimate these winds somewhere in the 90 to 100 mile-per-hour range. so probably ef-1, maybe ef-2 damage. they typically go along the tornado path and look at the damage to assess an actual rating if you will in terms of what that damage is. behind me, a lot of cleanup here on dauphin street. the crews will be cleaning the debris. you see the power lines hanging over. draping over there. some of the tr
jim cantore in mobile, alabama. twisters hit yesterday, quite a few, i think, right, jim? >> reporter: yeah. the storm prediction center says 34, our severe weather expert who tracks tornadoes and sees which are duplicated says 19. which for whatever it's worth is a record day for tornadoes on christmas. the previous record was 1969 with 12 tornadoes. guys, here's the deal. now we have tornado season in the middle of winter. and that seems to be what happens nowadays. you see behind me...
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jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th. this is not done yet. the risk is coming in on monday and have something good happen on sunday and it being up, 20, 25 handles. i'm not at all convinced that we'll be in the tank on monday morning. >> how about you, larry? >> michelle, today we sought fiscal fear and it's all been about fear and it's becoming the fiscal reality. the after-hours reality shows that fear is really out there. fear has been driving everything. consumer confidence has come down, consumer sentiment has come down and retail sales have come down and fear will drive
jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th....
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now, i will turn it over to jim and the rest of the traders here on the floor of the new york stock exchange for time honored tradition since the depression, and the singing of wait until the sun shines again. mr. mcguire? ♪ wait until the sun shines, as clouds go drifting by ♪ ♪ we will be happy, nelly, don't you cry ♪ ♪ ♪ sweetheart you and i ♪ wait until the sun shines, nelly, 12340e ♪ >> with breaking news from washington, john harwood. john? >> i just add conversation with an aide who confirmed there is a deal on the middle class tax cuts pks and it appears they agreed on threshold of $450,000 for families, $400,000 for individuals. that's a narrower gap at that income level tp. it is designed to catch more individuals with $400,000 incomes to catch a greater proportion of those making higher incomes. under the higher 39.6 rate. the gop aide says he expects president obama to affirm that publicly at 1:30 on additional portions. we are looking, the aide confirmed, at likely 40% rate on the estate tax retaining the $5 million threshold for taxing estates. 20% rate above th
now, i will turn it over to jim and the rest of the traders here on the floor of the new york stock exchange for time honored tradition since the depression, and the singing of wait until the sun shines again. mr. mcguire? ♪ wait until the sun shines, as clouds go drifting by ♪ ♪ we will be happy, nelly, don't you cry ♪ ♪ ♪ sweetheart you and i ♪ wait until the sun shines, nelly, 12340e ♪ >> with breaking news from washington, john harwood. john? >> i just add...
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jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and sometime in the first year things get revolved retro act toiv 2012. the market is accustomed to that and learned to deal with it. >> now you know how our guys are making money but the question is how about you? are you buying treasuries into the cliff? head to futures now.cnbc.com. vote in our poll. make your voice heard ere. scott, back over to you. >> thanks so much. have a good weekend. see you on the other side. only one guy to go to on this. he is the author of "unhedged." >> "unhedged." >> what is the trade here? >> the trade is i don't want to be short treasuries a
jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and...
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and still ahead, congressman jim mcdermott with the latest on the fiscal cliff negotiations. first, though, an american military hero has died, norman schwarzkopf passed away in florida yesterday. remember he was popularly known as stormin' norman and he was the u.s. general who led the 1991 operation "desert storm," which liberated kuwait from iraqi dictator saddam hussein, and you know, the 41 is ill and actually sent out a statement about the general late yesterday, when we're all thinking about 41, as well. schwarzkopf was 78. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back to "squawk box" this
and still ahead, congressman jim mcdermott with the latest on the fiscal cliff negotiations. first, though, an american military hero has died, norman schwarzkopf passed away in florida yesterday. remember he was popularly known as stormin' norman and he was the u.s. general who led the 1991 operation "desert storm," which liberated kuwait from iraqi dictator saddam hussein, and you know, the 41 is ill and actually sent out a statement about the general late yesterday, when we're all...
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for more on the day let's get to jim iuorio director of t.m. amens institutional services and a cnbc contributor. i guess the reason i phrase the question, jim, the markets had been sort of quiet, the vix has been kind of quiet, as well. is something on the horizon, or i mean we've talked about it so much, is there anyone that doesn't know? >> no. i just think the markets have grown accustomed to the notion that we're actually going over the cliff. we were always going over the cliff, and that gives the republicans ground cover to lower taxes, and not raise them. is it a game? is it ridiculous that they play this with the economic future of the country? of course it is. but you drew the connection to t.a.r.p. that's when we first learned that they can show some incompetence at very critical moments. the market's fine with that right now. but i do think the consensus is that once they reach a deal, even after the cliff, that the market's going to knee-jerk higher. when everyone is on the same side of the boat that worries me a little bit. i incr
for more on the day let's get to jim iuorio director of t.m. amens institutional services and a cnbc contributor. i guess the reason i phrase the question, jim, the markets had been sort of quiet, the vix has been kind of quiet, as well. is something on the horizon, or i mean we've talked about it so much, is there anyone that doesn't know? >> no. i just think the markets have grown accustomed to the notion that we're actually going over the cliff. we were always going over the cliff, and...
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can't start your trading day without jim cramer's stocks to watch. we will head to the new york stock e stock exchange right after this. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-2550 and the reality is, with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 ...until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimu
can't start your trading day without jim cramer's stocks to watch. we will head to the new york stock e stock exchange right after this. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me...
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. >> that was goldman zachs management chairman jim o'neill this morning on "squawk." what is jpmorgan's tom lee seeing now for 2013? he is joining us live from new york city. tom, welcome back, good to see you. >> thank you for having me. >> we are going to get the cliff settled one way or another, but what's in store for 2013 and the stock market? >> we think overall it will be a pretty good year for markets because we are in the fifth year of a bull market. i think a lot of the talk, michael furley talked about 50 years recovering, it is very good with the economy strengthening. and relative values restored versus high yield. but the first half will be pretty tricky. so i think it's really going to be a good second half story for equity markets. >> you have a target of 1580 for the s&p year-end and you want cyclical stocks to be the mode of investment choice for the folks watching this show. so, i mean, that sounds like risks going all the way to me. 1580, heavy cyclicals, we are off to the races. >> that's right. in fact, if you just look at how the market has acte
. >> that was goldman zachs management chairman jim o'neill this morning on "squawk." what is jpmorgan's tom lee seeing now for 2013? he is joining us live from new york city. tom, welcome back, good to see you. >> thank you for having me. >> we are going to get the cliff settled one way or another, but what's in store for 2013 and the stock market? >> we think overall it will be a pretty good year for markets because we are in the fifth year of a bull market....
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. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. near term down turn and health care
. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little...
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jim cramer joins us now. does that mean the dogs will be better this year, jim? normally, right? >> dow versus the s&p, i've got to tell you, up 7%, 16%, maybe we've got to go back over and look at the dow. there are probably some bargains there, joe. >> jim, will this be you, now that we've -- i can argue from two sides, i made the point earlier, i think that they're still saying there may be a point to a point and a half drag on the gdp because of this. but don't you think the improvements in housing and having maybe a little bit of certainty, don't you think that we can grow above where we've been recently? don't you think the u.s. economy is that resilient? >> thank you, joe. because this is my theme for the beginning of the year, which is that this -- no one's happy with the deal. but i do believe there's momentum coming in. don't forget the need to rebuild from sandy. don't forget the autos are surging. i believe very strongly we have very good tailwinds coming into the year. also, europe better than we think. asia better than we think. latin america better than we think. t
jim cramer joins us now. does that mean the dogs will be better this year, jim? normally, right? >> dow versus the s&p, i've got to tell you, up 7%, 16%, maybe we've got to go back over and look at the dow. there are probably some bargains there, joe. >> jim, will this be you, now that we've -- i can argue from two sides, i made the point earlier, i think that they're still saying there may be a point to a point and a half drag on the gdp because of this. but don't you think the...
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jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good level. i think letter x has done nothing for asia. i remember when it was $180 stock. i would tell people, again, that the resource based stocks are more china oriented, and i think china's going to have a very big year. remember, the euro is supposed to break up. the brics were no longer brics, they were soft putty. housing is supposed to go to zero. we could go over and over the things that were going to happen, that didn't happen. what did different repd rate go up? 40%? 45%? remember that worry? selling those dividends left and right. >> you c
jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good...
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we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ opening bell ] >> [ inaudible ] >> what an amazing two-day run we have had. this san interesting stat from dan greenhouse of btig, better than all but 1% of two-day rallies since 1990. so, very, very strong performance here, taking a breather at this point. >> we know the thoughts, too all that data how you make money in stoc
we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male...
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one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many households. >> and the payroll tax holiday will end auto
one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there...
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. ♪ the one and only, cheerios [clock ticking] >> should we call jim? >> mike moody and jeff ward left high stress, six-day-a-week jobs as big city lawyers because they wanted to spend more time with their wives and children. they decided to do what more and more working mothers are doing: share a job. >> well, for the first six months of the job, i was referred to as the new joanne. >> the job of assistant in-house council at timberland in stratham, new hampshire, had been filled by two women for years. >> i have two weekends a week. >> two weekends a week? >> and i have a four-day weekend. >> it is a pretty sweet deal. they each work three days a week, overlapping on tuesdays. >> how do you keep the office from sucking you back in on your days off? >> it's a constant struggle. we're always on call because of the blackberry. >> the crackberry. >> the crackberry? >> yeah. >> there you go. it's attached to you. it's part of your body. >> yep. >> part of mike's body even on his days off... >> daddy! >> okay, hold on just a minute. >> when he's the house h
. ♪ the one and only, cheerios [clock ticking] >> should we call jim? >> mike moody and jeff ward left high stress, six-day-a-week jobs as big city lawyers because they wanted to spend more time with their wives and children. they decided to do what more and more working mothers are doing: share a job. >> well, for the first six months of the job, i was referred to as the new joanne. >> the job of assistant in-house council at timberland in stratham, new hampshire, had...
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Dec 28, 2012
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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but to hold you over, here are some of jim's best moments in 2012. >> next thing you know, i'm covering sports in tallahassee. >> there you go. you look good in that polyester. >> it was a corduroy suit that i got. >> you were in florida. ooh. >> felt like sweatpants. >> i need freedom of movement. sherri wakes me up every morning. >> how does she wake you up? >> she has no morning breath. i'm actually kind of a gandhi-like figure these days. divided by ten, it's a 50 -- ah! it's a $58 stock for goodness sakes. i'm sick of this. give me my telestrator. what the heck. i'm going to go home and learn the no-pick circle draw. the circle draw. look at this. >> let me do a super-cal i straighter on r.i.m. >> did you get that? >> down here. >> i've got to go commando here. it's down here. that's where it is. all work and no play makes jack a very dull boy. >> there you go. it may be the 17 sued a feds i took before the show. >> oh, the memories. good times, right? >> when he's gone, you really miss him. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline,
but to hold you over, here are some of jim's best moments in 2012. >> next thing you know, i'm covering sports in tallahassee. >> there you go. you look good in that polyester. >> it was a corduroy suit that i got. >> you were in florida. ooh. >> felt like sweatpants. >> i need freedom of movement. sherri wakes me up every morning. >> how does she wake you up? >> she has no morning breath. i'm actually kind of a gandhi-like figure these days....